Specialist Actuarial Modeller

Role title: Actuarial Modeller

TPR grade & pay group: Specialist Advisory Grade 8

Directorate: Strategy, Policy & Analysis

Salary: 50,980 Per Annum

Contract type: Permanent

Location: Brighton/hybrid 6 days per month in the office

The role and responsibilities

As a Specialist Actuarial Modeller in the Pension Insights and Modelling (PIM) team, you will provide specialist actuarial and financial modelling that helps inform decisions and supports the delivery of The Pensions Regulator's objectives. Working with colleagues across the organisation, you will design, maintain and develop actuarial and financial models, ensuring they produce reliable, high-quality outputs that can be used in reporting, policy development, casework and risk analysis. You will manage complex data and modelling processes, oversee governance and quality standards, and contribute to the development of actuarial assumptions and modelling approaches. The role requires close collaboration with technical specialists from a range of disciplines and offers opportunities to share expertise, support colleagues and mentor newer team members. Your work will help improve understanding of pension scheme funding, investment and risk, providing evidence and analysis that supports decision-making across the regulator. This is an opportunity to apply specialist actuarial and modelling expertise to work that contributes to effective regulation and better outcomes across the pensions landscape.

This role is ideal for someone who:

• Enjoys solving complex problems by combining technical expertise, data and analytical thinking.
• Likes working collaboratively with colleagues from different professional backgrounds.
• Takes a proactive approach to managing priorities and delivering work across multiple projects.
• Values continuous learning and is interested in developing new modelling and technology skills.
• Enjoys sharing knowledge, supporting colleagues and helping others develop their capability.

The role criteria

• Current or past IFoA membership with pensions and modelling experience, or able to demonstrate significant relevant pensions and modelling experience with breadth and depth of knowledge.
• Comprehensive knowledge of pension funding methodologies, financial markets, actuarial assumptions, and the factors affecting defined benefit and defined contribution pensions.
• Significant experience applying pensions, actuarial and modelling knowledge in the practical modelling of pension schemes.
• Good knowledge of UK occupational pension scheme investment asset classes and financial modelling of pension scheme assets.
• Experience of managing projects, prioritising competing demands and coordinating delivery to meet customer requirements and timescales.
• Experience of reviewing, managing and applying governance standards to large actuarial and financial data sets.
• Strong communication skills, including experience of presenting and explaining complex technical information in a clear and effective way.
• Excellent Microsoft Excel skills, including VBA programming, and the ability to learn and apply new software and programming tools for actuarial modelling.

The team

The Pensions Insights and Modelling team provides clear insight, expert advice and practical solutions to support TPRs work in protecting savers. The team contributes to key areas including DB funding, the DB Funding Code, superfunds, CDC authorisation, DC value for money and climate‑related risk. A dedicated modelling function uses data and analytics to identify emerging issues and help target regulatory action. Collaboration is central, with close working across TPR, industry specialists and other government bodies. The team maintains strong professional standards, shares knowledge widely and stays connected to developments across the pensions landscape to support effective decision‑making for colleagues and savers.